According to a recent story in the New York Times, the South African gold strike has been costing South African mining companies about $7.5 million per day.Assuming that this number is the value of the gold that was not mined because of the strike, minus the labor costs (and other operating costs)that are saved by shutting down the mines, what is wrong with this calculation?

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The Answer of According to a recent story in the New York Times, the South African gold strike has been costing South African mining companies about $7.5 million per day.Assuming that this number is the value of the gold that was not mined because of the strike, minus the labor costs (and other operating costs)that are saved by shutting down the mines, what is wrong with this calculation?

According to a Recent Story in the New York Times